302 Industrial Dr Columbus, WI
Single tenant building with conversion potential near the highway.
Property Features for 302 Industrial Dr
General Information
- Standard status
- Active
- Size
- 13,420 SF
- Lot size
- 3.13 Acres
- Property subtype
- INDUSTRIAL
Listing office RE/MAX Preferred Commercial - Madison (608) 234-7208
Listing date Aug 25, 2025
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- Tenant can vacate for owner/user
- Large parcel that can be split
- Ability to convert office space back to warehouse
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.9k | $10.13 |
| − Vacancy | −$9.1k | −$0.68 |
| EGI | $126.8k | $9.45 |
| − OpEx | −$19.0k | −$1.42 |
| NOI | $107.8k | $8.03 |
Alternative Uses
Property Analytics
Current Use by Public Records
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